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Mobile communications is one of the tremendous success stories of the telecommunications industry. By June 1999 there were 293 million mobile subscribers in the OECD area, or around one mobile phone for every four inhabitants.
In 1994, the Commission of the European Communities and the Governments of Finland, Japan, Korea, Norway, Sweden and the United States signed the Final Act of the "Agreement Respecting Normal Competitive Conditions in the Commercial Shipbuilding and Repair Industry".
This paper deals with the contribution of information and communication technology (ICT) to economic growth and to labour and multi-factor productivity.